As VC Industry Shrinks, First-Time Investments Plummet
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Wall Street Journal:
Sources: Warner Bros. Discovery plans to keep Discovery+ as a standalone service after launching a new service that combines content from HBO Max and Discovery
Joshua Benton / Nieman Lab:
Microsoft's and Google's plans to use AI in search increase uncertainty for publishers and raise old questions about the link economy, fair use, and aggregation
Katie Robertson / New York Times:
The New York Times reports Q4 revenue up 12.3% YoY to $667.5M, 2022 revenue up 11.3% to $2.3B, and a $347.9M operating profit, as subscribers reached 9.6M
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